Aarkstore Enterprise
28th Novenber 2014
Insight Report: Technology in Action A
Roadmap for Insurance Telematics
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http://www.aarkstore.com/insurance/66415/insight-report-technology-in-action-aroadmap-for-insurance-telematics
Published: Oct 2014 | No. Of Pages: 39 Pages
PDF: $ 3800 | Site Licence : $ 7600 |Enterprise Wide Licence :$11400
Synopsis
The Insight Report: Technology in Action A Roadmap for Insurance Telematics report covers in-depth
analysis of the insurance telematics market, and provides:
A roadmap for the growth and development of insurance telematics during 2013–2018
Details of trends and developments in the insurance telematics market around the world
Insights into key insurance telematics markets
Detailed analysis of various growth drivers and challenges
Details of products offered by leading insurance telematics providers in key markets
Executive summary
Telematics has redefined the way motor insurance products are designed and marketed. As a disruptive
technology in the insurance industry, insurance telematics offers huge growth potential as well as many challenges
for motor insurers. It has brought the pricing of motor insurance to the discretion of customers, redefining the
customer experience. Although insurance telematics is mostly used as a niche product to target high-risk drivers
such as young motorists, its popularity during 2009–2013 has brought it into the mainstream of motor insurance
business. Insurers, as well as government and vehicle manufacturers, are promoting initiatives to make telematics
a mass-market product. Insurance telematics is widely seen as the future of motor insurance.
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Demand for insurance telematics expected to soar over 2013–2018
The insurance telematics market is in a nascent stage. The US, Italy and the UK are the early adopters of insurance
telematics products, and Italy is currently the most...